please do every question, i may have some mistakes so please look for them, also i would appreicate it if you made charts similar to what is in my pictures. examine all pics thoroughly pls
The general ledger of Red Storm Cleaners at January 1, 2021, includes the following account balances: Accounts Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Totals Debits Credits $16,500 7,300 3,300 11,500 $ 3,600 5,600 21,500 7,900 $38,600 $38,600 The following is a summary of the transactions for the year: 1. March 12 Provide services to customers, $53,000, of which $20,300 is on account. 2. May 2 Collect on accounts receivable, $17,300. 3. June 30 Issue shares of common stock in exchange for $5,000 cash. 4. August 1 Pay salaries of $5,600 from 2020 (prior year). 5. September 25 Pay repairs and maintenance expenses, $12,300. 6. October 19 Purchase equipment for $7,300 cash. 7. December 30 Pay $1,000 cash dividends to stockholders. No Date General Journal Debit Credit 1 March 12 Accounts Receivable > 20,300 >> Cash 32,700 53,000 2 May 02 17,300 Cash Accounts Receivable 17.300 3 June 30 5,000 Cash Common Stock >> 5,000 4 August 01 5,600 Salaries Payable Cash O 5,600 5 September 25 12,300 Repairs and Maintenance Expense Cash O 12,300 6 October 19 7.300 Equipment Cash 7,300 7 December 30 1,000 Dividends Cash O 1,000 4. Prepare an unadjusted trial balance. Credit $ 3,600 RED STORM CLEANERS Unadjusted Trial Balance December 31, 2021 Accounts Debit Cash $ 45,300 Accounts Receivable 10,300 Supplies 3,300 Equipment 18,800 Accumulated Depreciation Salaries Payable Common Stock Retained Earnings Dividends 1,000 Service Revenue Salaries Expense 0 Repairs and Maintenance Expense 12,300 Depreciation Expense 0 Supplies Expense 0 Totals $ 91,000 0 26,500 7,900 53,000 $ 91,000 View transaction list View journal entry worksheet X: 1 Record the adjusting entry for salaries. Accrued salaries at year-end amounted to $19,500. 2 Record the adjusting entry for depreciation, $4,300. 3 Record the adjusting entry for supplies. Supplies remaining on hand at the end of the year equal $1,000. Journal entry worksheet Record the adjusting entry for depreciation, $4,300. Note: Enter debits before credits. General Journal Debit Date December 31, 2021 Credit Depreciation Expense 4,300 Accumulated Depreciation 4,300 Record entry Clear entry View general journal Journal entry worksheet Record the closing entry for revenue. Note: Enter debits before credits. General Journal Debit Date December 31, 2021 Credit Service Revenue 53,000 Retained Earnings 53,000 Record entry Clear entry View general journal Journal entry worksheet Record the closing entry for expenses. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2021 Retained Earnings 12,300 Repairs and Maintenance Expense 12,300 Record entry Clear entry View general Journal Journal entry worksheet boy Record the closing entry for cash dividends. Note: Enter debits before credits. Debit Credit Date December 31 2021 General Journal Retained Earnings Dividends Record entry Clear entry View general Journal Required: 1., 3., 6., & 10. Post the transactions, adjusting entries and closing entries to the T-accounts. Be sure to include beginning balances. Cash Beg Bar Accounts Receivable Beg Bal. End. Bal 0 End. Bal 0 Supplies Beg. Bat. Equipment Beg Bal End. Bal 0 End. Bal Accumulated Depreciation Salaries Payable Beg Bat Beg Bal End Bal 0 End. Bal 0 Common Stand Common Stock Retained Earnings Beg. Bal Beg Bal. End. Bal 0 End. Bal 0 Service Revenue Dividends Beg. Bal Beg Bal End. Bal 0 End. Bal. 0 Salarios Expense Repairs and Maintenance Expense Beg Bal Beg. Bal End. Bal. End, Bal 0 Depreciation Expense Supplies Expense Beg Bal Bog Bal End. Bal End. Bal. 11. Prepare a post-closing trial balance. Accounts RED STORM CLEANERS Post-Closing Trial Balance December 31, 2021 Debit $ 45,300 10,300 3,300 Credit Cash Accounts Receivable Supplies Equipment Accumulated Depreciation Common Stock Retained Earnings 18,800 26,500 Totals $ $ 77,700 $ 26,500 Credit Post-Closing Trial Balance December 31, 2021 Accounts Debit Cash $ 45,300 Accounts Receivable 10,300 Supplies 1,000 Equipment 18,800 Accumulated Depreciation Salaries Payable Retained Earnings Dividends $ 7,900 19,500 26,500 X 21,500 X $ 75,400 $ 75,400 Totals
